September 24th, 2009 8:55 am | by John Jansen |
Swap spreads are opening mixed.
Two year spreads are unchanged at 29 1/2. Five year spreads are 4 basis points tighter at 32 1/2. Most of that (about 3 basis points ) is the roll into the new 5 year note. Ten year spreads are a basis point narrower at 19. Thirty year spreads are a basis point narrower at NEGATIVE 9 1/2
2 Responses to “”
By Vermont Trader on Sep 24, 2009 | Reply
long time lurker.. enjoy you blog…
would be interested in comments on action in MBS market at some point today given FOMC’s statement yesterday
By Luke on Sep 24, 2009 | Reply
hi,
why is it important to watch the swap spreads? do you look at the levels or direction.
Enjoyed your blog.